Core Viewpoint - The Hong Kong restaurant sector showed active performance with significant gains in various stocks following the Central Economic Work Conference, which emphasized domestic demand and consumer spending recovery [1][2]. Group 1: Market Performance - Shanghai Xiaonan Guo increased by over 7% [2] - Jiumaojiu rose nearly 5% [2] - Other notable gains included Yum China, Nayuki Tea, and Haidilao, each rising close to 3% [1][2] - Xiabuxiabu saw a 2.5% increase, while Xiaocaiyuan and Hite International also experienced upward movement [1] Group 2: Policy Implications - The Central Economic Work Conference, held on December 10-11, outlined key policies aimed at boosting domestic consumption and addressing income growth for urban and rural residents [1] - The meeting's positive signals are expected to facilitate the ongoing recovery of restaurant consumption, benefiting the sector as the overall consumer environment shows signs of gradual improvement [1] - Analysts from Galaxy Securities highlighted the importance of focusing on the medium to long-term consumption goals outlined in the 14th Five-Year Plan, with a short-term focus on specific policies related to consumption expected to be implemented by 2026 [1]

摩根大通发表报告指，预期网易明年仍有更多上行空间，主要受多款新游戏驱动，并将其列为中国数码 娱乐板块的首选股，美股和港股目标价分别为190美元和295港元，评级"增持"。该行目前预测明年在线 游戏收入年增15%。《燕云十六声》国际市场的成功，对网易以及中国游戏开发商而言都是一座重要里 程碑，有利未来其他面向国际市场的3A大作如《ANANTA》。 同时，该行认为网易很有可能在明年纳 入港股通，目前网易估值明显低于中国主要游戏同业，一旦纳入港股通，预期将触发进一步估值重评。 ...

Core Points - The Shanghai Stock Exchange announced the listing of China Energy Construction Group's 2025 public issuance of technology innovation perpetual bonds for professional investors [1][2] - The bonds will be listed on December 15, 2025, under the name "能建 YK07" and the code "244323" [2] Group 1 - The bonds are categorized as the first phase of the issuance [2] - The trading methods for these bonds include matching transactions, click transactions, inquiry transactions, bidding transactions, and negotiated transactions [2]

卓悦控股(00653)午前涨超26%，截至发稿，涨26.56%，报0.081港元，成交额370.83万港元。 业务授权合作：集团有意将部分产品及设备授权紫元元在大湾区区域的销售权利，紫元元发挥在中国内 地多年网格布局的销售优势，推动产品及设备的市场布局，达成双方共赢。 消息面上，12月11日，卓悦控股发布公告，公司附属公司卓悦供应链管理有限公司与紫元元控股集团有 限公司(08223)于2025年12月11日，就有关集团可能与紫元元达成的战略合作计划订立不具法律约束力 的谅解备忘录，代表协议双方的初步共识，而可能合作须待协议双方订立正式合作协议方告落实。 优势互补的合作：利用集团在美妆零售行业的领军优势、紫元元在全中国范围内的运营经验及销售资 源，各方将探索在市场开拓、产品合作、设备支援以及人才交流等领域的合作，积极探索互惠互利的业 务合作模式。 大湾区区域合作探索：紫元元与卓悦供应链管理有限公司有意成立合资公司，发挥双方各自优势，在大 湾区范围内共同建立线上及线下"跨境新零售"，开启跨境新零售业务模式。 公告称，集团与紫元元将在跨境新零售务领域密切合作，包括以下内容： ...

Core Viewpoint - Peijia Medical-B (09996) shares rose nearly 7%, currently up 6.88% at HKD 6.21, with a trading volume of HKD 7.4878 million [1] Group 1: Company Developments - Peijia Medical announced that on December 11, it received approval from the National Medical Products Administration of the People's Republic of China for the registration application of the TaurusTrio Transcatheter Aortic Valve (TAV) system [1] - The TaurusTrio TAV system is developed and manufactured by the company under an exclusive license obtained from JenaValve Technology, Inc. for the Trilogy Transcatheter Heart Valve (THV) system [1] - The Trilogy THV system received CE mark certification in May 2021 and has been used in over 1,000 commercial surgeries in real-world clinical practice as of the announcement date [1] Group 2: Market Implications - The company anticipates that the successful launch of the TaurusTrio TAV system in China will provide a safe and effective treatment option for patients with severe aortic regurgitation (AR), addressing a significant unmet clinical need [1]

Core Viewpoint - Peijia Medical-B (09996) experienced a nearly 7% increase in stock price following the approval of its TaurusTrio™ transcatheter aortic valve (TAV) system by the National Medical Products Administration of China [1] Group 1: Company Developments - Peijia Medical announced the approval of its TaurusTrio™ TAV system's registration application on December 11 [1] - The TaurusTrio™ TAV system is developed and manufactured based on an exclusive license from JenaValve Technology, Inc. for the Trilogy™ transcatheter heart valve (THV) system [1] - The Trilogy™ THV system received CE mark certification in May 2021 and has been used in over 1,000 commercial surgeries in real-world clinical practice as of the announcement date [1] Group 2: Market Implications - The company anticipates that the successful launch of the TaurusTrio™ TAV system in China will provide a safe and effective treatment option for patients with severe aortic regurgitation (AR), addressing a significant unmet clinical need [1]

每经AI快讯，12月12日，港股餐饮股集体表现活跃，上海小南国涨超7%，九毛九涨近5%，百胜中国、 奈雪的茶、海底捞均涨近3%，呷哺呷哺涨2.5%，小菜园、海特国际跟涨。 ...

每经AI快讯，赛晶科技(00580.HK)涨超3%，截至发稿，涨3.47%，报2.09港元，成交额625.86万港元。 ...

智通财经APP获悉，海昌海洋公园(02255)反弹逾5%，截至发稿，涨5.68%，报0.465港元，成交额 2219.46万港元。 （原标题：港股异动 | 海昌海洋公园(02255)反弹逾5% 公司称对股东关联的金融产品集团不承担任何兑 付及担保义务） 消息面上，海昌海洋公园公布，近日，有媒体报道公司控股股东祥源控股、公司实际控制人承担连带保 证责任的金融产品出现部分逾期兑付。公司称，控股股东正就金融产品逾期兑付进行沟通处理。本次事 件涉及的金融产品与集团及其股份无关，集团不承担任何兑付及担保义务。目前，集团生产经营一切正 常。 此外，海昌海洋公园公布，三亚海昌梦幻海洋不夜城与三亚漫葡文旅发展有限公司合作，引入"看见三 亚"沉浸式夜游部落，已于12月6日正式开业。董事会认为，此次引入演艺项目将显著提升三亚公园的综 合竞争力。 ...

（原标题：港股异动 | 卓悦控股(00653)午前涨超26% 附属与紫元元(08223)将在跨境新零售务领域开展 密切合作） 大湾区区域合作探索：紫元元与卓悦供应链管理有限公司有意成立合资公司，发挥双方各自优势，在大 湾区范围内共同建立线上及线下"跨境新零售"，开启跨境新零售业务模式。 业务授权合作：集团有意将部分产品及设备授权紫元元在大湾区区域的销售权利，紫元元发挥在中国内 地多年网格布局的销售优势，推动产品及设备的市场布局，达成双方共赢。 智通财经APP获悉，卓悦控股(00653)午前涨超26%，截至发稿，涨26.56%，报0.081港元，成交额370.83 万港元。 优势互补的合作：利用集团在美妆零售行业的领军优势、紫元元在全中国范围内的运营经验及销售资 源，各方将探索在市场开拓、产品合作、设备支援以及人才交流等领域的合作，积极探索互惠互利的业 务合作模式。 消息面上，12月11日，卓悦控股发布公告，公司附属公司卓悦供应链管理有限公司与紫元元控股集团有 限公司(08223)于2025年12月11日，就有关集团可能与紫元元达成的战略合作计划订立不具法律约束力 的谅解备忘录，代表协议双方的初步共识，而可能合 ...